FAAc said that from the N1.127 trillion, the federal government received N383.872 billion, States got N396.693 billion and the LGCs N288.928 billion.
He said the money saved from frivolous spending by past administrations had made it possible for his government to pay salaries and pensions when due.
The communiqué said total revenue of N1.48 trillion billion was available in August 2023.
The federal, state and local governments shared N4.37 trillion from the federation account as statutory revenue allocations between January and June 2023.
The communiqué stated that the N786.161 billion total distributable revenue comprised statutory revenue of N519.545 billion and Value Added Tax (VAT) revenue of N251.607 billion.
FAAC also stated that the Excess Crude Account balance as of January 17 stood at $473,754.57.
The 2022 budget estimate was 9.9 per cent higher than the 2021 budget at N169.8 billion.
